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David Agnew is an associate editor at Risk & Insurance®. He can be reached at [email protected].
In commercial auto management, telematics can be a double-edged sword — but would you rather go into battle unarmed?
“A cyber event doesn’t hit the entire world at once; it starts in one spot and slowly spreads, much like a virus. However, it can be fought, just like your body fights a virus.”
“We’ve seen a growing openness to the possibility of shipping via rail, moving away from the traditional focus on trucking. This shift can be attributed to several factors, including the rail industry’s environmental friendliness and its potential for cost savings.”
“One of the biggest challenges we face in the energy transformation is increasing our expertise in the new technologies that come with it … Learning about the risks and specificities of these new technologies is crucial for both the industry and its insurers.”
When it comes to artificial intelligence’s use of intellectual property and personal identifiable information, the technology may be new but the underlying legal and risk management principles that govern it are not.
“The unknowns of legal system abuse are a significant stressor for businesses. No one wants to find their name on a billboard or news cover, putting themselves, their employees or their investors in that position.”
“I think most insurance companies have learned it’s not quite as simple as putting up a line and nothing ever breaks. But it’s an incredible opportunity, and it’s going be a growing part of insurance companies’ books.”
We sat down with Mo Tooker, head of commercial lines at The Hartford, to discuss how data and AI will shape insurers’ business models.
“Every business that uses a computer or has employees needs cyber insurance. While most examples in the media and those shared by our broker partners involve Fortune 500 companies, our data shows that 90% of the cyberattacks we see are against businesses with under $50 million in revenue.”
“We find it a little surprising to see as much competition as we do in the public space, knowing that there’s the old inventory of claims and there’s a new inventory continuing to build. It’s a little bit of a surprise to me to see the market as competitive as it is.”
Gallagher broker Kelly Eisenbies shares her insurance career journey so far and what it takes to get higher education institutions the best coverage for their student athletes.
This Gallagher property practice leader details the trends affecting commercial property insurance.
The transition to renewable energy is well underway, and insurers are working to help the sector overcome its growing pains.
Following a merger that brought a backlog of old claims, Bobby Collins worked methodically to free up reserves — and keep a lid on dormant files in the future.
Seeing the potential for major fines, Marinda Griese led the overhaul of a California risk pool’s reporting process, with remarkable results.
For this one-man risk management team, spinning off a new multibillion-dollar company meant building nearly everything from scratch.
By working to improve employee mental health in construction, Jason Malatak is also addressing a range of other issues, from quality of work to employee retention.
For one facilities services provider, the first step toward better safety was to align goals between departments.
CFC’s chief underwriting officer shares emerging opportunities in specialty lines, future pricing trends, and the six fundamental elements that make up cyber risk prevention and underwriting.
Barnes and Lee shared how technology can provide more transparency into global supply chains, helping to avoid business interruption.
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